Nintendo | mediaME

Nintendo predicts first annual loss in 30 years

Thu, 2011-10-27 07:58 - By

Analysis, Announcement, Media Business, Electronics & Technology, Games & Toys, Media, 3DS, apple, Bloomberg, Facebook, iPhone, Nintendo

Bloomberg reports that Nintendo, the world’s largest maker of video-game machines, has forecasted its first annual loss in 30 years, expecting a net loss of $264 million for the year ending in March. The forecasts come in as a result of the currency rates and the slumping demand for the 3DS console as gamers flock toward online games on iPhone and Facebook.

Connected TV sales outpace games consoles

Sat, 2011-07-02 09:44 - By

editor

Digital Media, Electronics & Technology, Andrew Ladbrook, games consoles, Informa Telecoms & Media Samsung, LG, Microsoft, Nintendo, PlayStation, sales, Sony, TV, Wii, Xbox

For the first time ever worldwide sales of connected TVs will likely exceed that of games consoles for the first time by the end of 2011. Furthermore, says Informa Telecoms & Media Samsung, LG and Sony will triumph in battle for connected home selling 52 million connected TVs whereas between them Microsoft, Nintendo and Sony will sell 37 million games consoles of varying type, including the Xbox, PlayStation and Wii respectively.

Cannes Lions names 2010 media, outdoor and radio jury presidents

Wed, 2009-12-02 22:45 - By

editor